Central Bank of Armenia issues benchmark mid-term bonds worth 4bln drams

Capital market
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YEREVAN, November 20. /ARKA/. The Central Bank of Armenia placed mid-term government treasury bonds worth 4 billion drams on November 19.

The serial number of the bonds is AMGN36294167; redemption period is till April 29 2016
Total bid amount is 14.8 billion drams, including 12.45 billion drams under competitive bids.
Seven dealers participated in the auction.

Average weighted yield is 10.1623% and cutting point 10.2500%. Profit after placement is 4,008,833,890 drams ($1=404.80drams). –0-

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